
U.S.-iran crisis puts Gulf states in limbo
Half of the Gulf countries are expecting a contraction this year.
· 2 min read
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Half of the Gulf countries are expecting a contraction this year.
· 2 min read

BRATISLAVA (AFP) — Slovakia said it was receiving Russian oil on Thursday after Ukraine repaired the Druzhba pipeline which was damaged in a Russian attack in…
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US blockade of Iran’s ports would continue.
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The PSEI was down amid subdued trading alongside a weakened peso at P60.13 per US dollar, depreciating from P59.94 as markets grew skeptical over the US-Iran…
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The 2016 award also ruled that Reed Bank is a submerged feature within the Philippines’ exclusive economic zone.
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TACLOBAN CITY — Eastern Samar Lone District Rep. Christopher Sheen Gonzales is pushing for the construction of two modern fishports aimed at improving the…
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The Philippine National Oil Company (PNOC), has utilized Subic Bay Freeport to store 329,505 barrels of diesel to alleviate the oil crisis in the country.
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The Philippine National Police Highway Patrol Group (PNP-HPG) arrested six men and seized approximately 8.9 million pesos worth of petroleum products during an…
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The United States and Iran are moving toward a possible resumption of ceasefire negotiations in Pakistan, with talks expected as early as Wednesday as both…
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For businesses, particularly the larger organizations, diversification from oil as the primary energy source is a no-brainer.
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The Department of Social Welfare and Development (DSWD) announced on Tuesday that it plans to use digital wallets for the second tranche of its cash relief…
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An oil tanker truck crashed into a residential structure under renovation in Poblacion, Makato at around 7:00 a.m. on Tuesday, leaving the driver injured.
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Energy Secretary Sharon Garin on Monday said oil companies must follow government-prescribed adjustments and avoid excessive increases, even as pump prices are…
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PARIS, France (AFP) — More than 50 nations are attending a world-first conference on phasing out fossil fuels in Colombia next week as the Iran war underscores…
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Net value turnover reached P5.42 billion, reflecting continued caution while the peso strengthened slightly, closing at P59.97 from previously P60.035 per US…
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Oil firms have confirmed that diesel will post the biggest reduction at P24.94 per liter, pulling pump prices down to an estimated range of P80.06 to P111.76…
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Transport coalitions PISTON and Manibela will launch simultaneous nationwide strikes starting Tuesday to protest high fuel costs and demand the repeal of…
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ILOILO CITY — Public transportation operations are expected to remain largely unaffected despite a planned transport strike set on 21 April, as major transport…
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